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North Carolina House Passes Crowdfunding Bill

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Tired of waiting for the SEC to issue regulations that will open the door to interstate crowdfunding under the JOBS Act, the North Carolina House of Representatives has passed a bill that would permit securities-based crowdfunding on an intrastate basis in North Carolina.

If the bill becomes law, North Carolina would join a small but growing number of states that are adopting intrastate crowdfunding provisions in light of the delays at the federal level.

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Isaac Gorodetski
Project Manager,
Center for Legal Policy at the
Manhattan Institute
igorodetski@manhattan-institute.org

Katherine Lazarski
Press Officer,
Manhattan Institute
klazarski@manhattan-institute.org

 

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